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4015 East 56th Street

4015 East 56th Street, Indianapolis, IN 46220
Property in Millersville
Sold Feb 11, 2022
$307,000
$301,439 by Fairway Independent Mortgage C
Mortgage Due Mar 01, 2052
Sold Oct 01, 2020
$117,000
Local assessors in Indianapolis, IN have categorized 4015 East 56th Street as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 33,018 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4015 East 56th Street has a total of 3,400 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 1,500 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Feb 4, 2022 for $307,000. That's $64.12 per sqft. Prior to that sales transaction, the property was also sold in Aug 27, 2020 for $117,000. 4015 East 56th Street was last assessed in 2023. The total value of the property was assessed at $304,600. Specifically, the land the property is located on was valued at $56,900. While improvements on the property were assessed at a total of $247,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,079. The initial tax year of delinquency was in 2019. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,500
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 33,018
  • Total Building Area: 4,788
  • Gross Building Area: 4,788
  • Building Area: 3,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.758
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Motor vehicles (cars, trucks, etc.)
  • Legal Description 1: PT NW1/4 NW1/4 S9 T16 R4 BEG 50W OF NE COR;W123.01 S268.5 E123.01 N268.5 TO BEG .7582AC

Ownership

  • Current Owner : FORD DANIEL
  • Current Owner 2: SPECHT BONNIE
  • Previous Owner : REAL ESTATE INVESTMENT AND DEVELOPMENT E
  • Owner Before Previous Owner: MARION COUNTY SHERIFF
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Washington Township Metropolitan School District
  • Census Tract: 321600

Geography

  • Assessors Map Reference: 2120-D5
  • District: 0008
  • Section: 9016004
  • Parcel: 49-07-09-100-027.000-800
  • Meridian: SEC 9 TWN 16 RNG 4
  • Municipality: WASHINGTON TOWNSHIP
  • Latitude: 39.8547
  • Longitude: -86.0986

    Address

  • Full Address: 4015 E 56th St
  • Address - House Number: 4015
  • Street Direction: E
  • Address - Street Name: 56th
  • Address - Suffix Type: St
  • State: IN
  • City Name: Indianapolis
  • Carrier Code: C020
  • 4-Digit Zip Code: 5501
  • Zip Code: 46220

Valuation

    Tax

  • Total Area: 4,500
  • Tax Year: 2022
  • Tax Amount: $3,079
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 800

    Appraisal Valuation

  • Standard Deviation: 0.2474
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 350,164
  • High Value: 436,822
  • Low Value: 263,506

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $301,439
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Feb 11, 2022
  • First Open Lien Mortgage Loan Amount: $301,439
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $304,600
  • Market Land Value: $56,900
  • Market Improvement Value: $247,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $304,600
  • Assessed Land Value: $56,900
  • Assessed Improvements Value: $247,700

    Sales

  • Current Sale Contract Date: Feb 04, 2022
  • Current Sale Recording Date: Feb 11, 2022
  • Current Sale Transaction ID: 11879661469
  • Current Sale Price: $307,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18517
  • Previous Sale Recording Date: Oct 01, 2020
  • Previous Sale Contract Date: Aug 27, 2020
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Feb 11, 2022
  • First Mortgage Loan Amount: $301,439
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2052

About Millersville



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Nearby Rentals

Unit for rent at 4309 E 56th Street, Indianapolis, IN, 46220

$1,400 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,064 ft²
4309 E 56th Street, Indianapolis, IN, 46220 Listing by Jeanne Morton
Unit for rent at 4103 N Grand Ave, Indianapolis, IN, 46226

$1,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,204 ft²
4103 N Grand Ave, Indianapolis, IN, 46226 Listing by Manager

Frequently Asked Questions

What neighborhood is 4015 East 56th Street located in?
The 4015 East 56th Street is a located in the neighborhood of Millersville in Millersville, Indianapolis.
What is the average sales price for listings in 4015 East 56th Street?
The average sales price for units in 4015 East 56th Street is $0 currently.

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